
Cheap Apartments for Rent in the McVey Neighborhood of Lake Oswego, OR from $800 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the McVey area of Lake Oswego.


One Jefferson

Mercy Greenbrae

The Ridge at Mountain Park Apartments

100 Kerr Pkwy, Unit 13

15030 SE Arista Dr
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Overlook at the Willamette

Axletree Apartments

Miramonte Lodge

Henley Place

Seven Acres

15038 SE Arista Dr

20080 Larkspur Ln, Unit 47

River Cliff Apartments

Arrive West Linn
Portland’s Best Affordable Neighborhoods
Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley
McVey, Lake Oswego, OR Local Guide

How much does it cost to rent an apartment in McVey?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
McVey Studio Apartments | $1,527 | $1,235 | $2,655 |
McVey 1 Bedroom Apartments | $1,998 | $1,281 | $3,700 |
McVey 2 Bedroom Apartments | $2,830 | $1,495 | $7,625 |
McVey 3 Bedroom Apartments | $3,379 | $1,841 | $5,689 |
Browse Apartments in this Neighborhood
There are currently 23 rentals with your search options within a 2 mile radius of the McVey Neighborhood of Lake Oswego, OR.
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McVey, Lake Oswego, OR Local Guide
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Cheapest Available McVey Apartments for Rent
 The cheapest available apartment rental in the McVey area of Portland, OR is a Studio unit found at Overlook at the Willamette priced from $1,325. Axletree Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,328. Here are the most affordable McVey apartments for rent in Portland, OR:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Overlook at the Willamette | Studio | Studio,1BA | $1,325 |
Axletree Apartments | Kellogg | Studio,1BA | $1,328 |
Miramonte Lodge | Morrison | Studio,1BA | $1,345 |
Henley Place | The Maple | Studio,1BA | $1,370 |
Seven Acres | Currant - Bldg 1 | Studio,1BA | $1,460 |
Best Value Apartments for Rent in McVey, OR
As of April 25, 2025 the best value apartment in the McVey area is the $1.78 price per square foot 2 Bed 1.5 Bath Townhome 1130SF Model at Larkspur West Linn in the in the Glenmorrie neighborhood starting from $2,015. The second greatest value McVey apartment is the Layout B Model at River Cliff Apartments starting at $1,595 with a $1.45 price per square foot in the Foothills neighborhood. Here is today’s list of the best values for McVey apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Larkspur West Linn | 2 Bed 1.5 Bath Townhome 1130SF | 2BR,2BA | $1.78 |
River Cliff Apartments | Layout B | 2BR,1BA | $1.45 |
Haven Lake Oswego | 2 bed 2 bath | 2BR,2BA | $1.92 |
Oswego Pointe | 1 Bed 1 Bath | 1BR,1BA | $2.23 |
Milo at Mountain Park | Ash Loft | 1BR,1BA | $2.19 |
One Jefferson | A1 | 1BR,1BA | $2.69 |
Arrive West Linn | Spruce | 1BR,1BA | $2.59 |
100 Kerr Pkwy, Unit 13 | 100 Kerr Pkwy | 1BR,1BA | $2.51 |
Axletree Apartments | Bernard | 1BR,1BA | $2.63 |
Overlook at the Willamette | Studio | Studio ,1BA | $2.33 |
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Pet Friendly LifestyleMcvey, Lake Oswego, OR
Ranked #18
Among neighborhoods in Lake Oswego, OR for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Mcvey, Lake Oswego, OR
School data provided by Great Schools
Lifestyle Ratings
Our team compares millions of points of data to bring you comprehensive Lifestyle Ratings of rentals in metropolitan areas across the United States and customized analysis for South Portland, OR. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, family-friendly amenities, and other valuable search options. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap McVey Apartments
What is a cheap apartment in McVey?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in McVey is under $1,676.
What is the price of a cheap apartment in McVey?
The cheapest apartment in McVey is Miramonte Lodge which is listed at $1,545, while the average apartment in McVey costs $4,500.
What types of apartments are the cheapest in McVey?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 7 regular apartments in McVey that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in McVey?
Cheap apartments in McVey have an average cost of $112 which is $4,388 cheaper than the average rent for all rentals in McVey.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
Written by: Chad Deitchley
As your ApartmentHomeLiving.com Local Expert for Portland, Oregon, I’d like to briefly introduce myself. My name is Chad, and I come to the ApartmentHomeLiving.com team after living in Portland for decades.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.